Short Interest in Veolia Environnement SA (OTCMKTS:VEOEY) Expands By 257.0%

Veolia Environnement SA (OTCMKTS:VEOEY) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 48,980 shares, a growth of 257.0% from the January 29th total of 13,718 shares. Based on an average daily volume of 118,750 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 118,750 shares, the days-to-cover ratio is presently 0.4 days.

Veolia Environnement Price Performance

Shares of OTCMKTS VEOEY opened at $21.01 on Friday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.83 and a current ratio of 0.88. Veolia Environnement has a 12-month low of $14.71 and a 12-month high of $21.09. The firm’s 50-day moving average price is $18.43 and its 200-day moving average price is $17.48.

Analyst Ratings Changes

Separately, Zacks Research raised Veolia Environnement from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Veolia Environnement presently has an average rating of “Hold”.

Veolia Environnement Company Profile

Veolia Environnement (OTCMKTS: VEOEY) is a multinational environmental services company headquartered in France that provides a broad range of water, waste and energy management solutions to municipal and industrial customers. Its core activities include water supply and wastewater treatment, collection and recovery of solid and hazardous waste, and energy services such as district heating and industrial energy optimization. The company also develops circular economy and recycling programs, environmental engineering, and operational maintenance services aimed at improving resource efficiency and reducing environmental impact.

Veolia serves public-sector clients and private businesses across many regions worldwide, with operations spanning Europe, the Americas, Asia, Africa and the Middle East.